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Intel Capital Invests $30 Million in Four U.S. Technology Companies

Intel Capital, Intel Corporation’s global investment organization, today continued its strong commitment to fostering entrepreneurship in the United States with the announcement of four investments totaling over $30 million..

“A culture of investment is essential to keeping the U.S. on the leading edge of technology innovation and stimulating economic activity,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “The investments in Adaptive Computing, Ciranova, Joyent and Nexant are the latest examples of Intel Capital’s commitment to advance the next technological breakthroughs by supporting innovation across a variety of sectors from chip design to cleantech to the cloud.”

Ciranova’s (Santa Clara, CA) electronic design software helps engineers implement “mixed analog-digital” integrated circuits in advanced semiconductor processes. The company’s products are used by semiconductor companies developing large-scale system-on-chip (SoC) ICs for consumer and communications devices such as mobile internet, broadband access, and high definition multimedia; they enable engineers to quickly integrate premium functions such as WiFi, Bluetooth and WiMAX into their chips. Intel Capital’s investment will be used primarily to expand the company’s sales and customer support operations.

Since 2004, Joyent, Inc. (Sausalito, CA) has provided infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS), delivering billions of page views each month for thousands of customers worldwide. Serving a network of service providers and thousands of customers with its Smart Technologies, Joyent is the only company that runs a major public cloud infrastructure, builds the technologies that power that infrastructure, and uses those technologies to enable multiple third-party public, private and hybrid clouds. Intel Capital’s investment will enable Joyent to expand international operations and invest in open-source Node.JS and other technologies in the company’s core PaaS cloud offering. This is Intel Capital’s second investment in the company.

Nexant, Inc. (San Francisco) provides intelligent grid software and clean energy solutions that advance electric power grid and alternative energy technologies and services. Nexant solutions span the entire energy value chain – from production to consumption. The company’s energy software and services are used by Fortune 500 companies, utilities, transmission and distribution system operators, chemical and petroleum majors, financial institutions, government agencies and development banks. With the ever-increasing energy consumed in data centers worldwide, Intel Capital’s investment will be used to expand Nexant’s software and services presence in IT and data center efficiency.

The funding for all four investments comes from the $200 million Intel Capital Invest in America Technology Fund. Announced in February, the fund invests in U.S.-based growth-oriented industries to foster sustained economic development and to anchor the nation's competitiveness on the global stage. It is part of a $3.5 billion initiative led by Intel and supported by many leading venture capital firms and corporations to support U.S. technology investment and to increase the hiring of recent college graduates.

Events

With the number of edge sites on the rise, it’s critical for you to know what’s going on in the network at any given moment. However, it’s likely there are sites you have never visited. So, if you don’t know exactly what a site looks like, what security measures are in place, or even where it is located, how can you have true visibility into the physical environment? The answer is by having good sensors in place.

One Wilshire building in Los Angeles, one of the most densely connected buildings in the world, houses 450,000 square feet of data center. Organizing the organic growth of disparate cooling equipment was a major concern for its owners, who were working with the engineering team and manufacturers to increase the cooling capacity. The goal was to achieve 4000 tons of scalable cooling, with a target of 50% free cooling.
Learn from the experts who completed this project in 2018 — about how they achieved the basis of design for One Wilshire tenants and exceeded the energy efficiency goals of the project by 25%, which is 62 times the amount required by Title 24 in California.